Econocasts

Saturday, November 1, 2014

2014.10.31 Silver Cycle Model Chart

2014.10.31 Silver Cycle Model Chart

Silver prices continue to track model predictions quite well. The model suggests silver prices may have reached a bottom for the next few months, and a price of about 1700 is expected by the end of 2014. A previous iteration of the model appears below and here on the blog.

4 comments:

I think it is reasonable to expect that as time goes on and Central Bank intervention increases, that all your models may begin to display either extreme dvergence or just completely disconnect as per the DOW model.I don't think that it is coincidence that the DOW model worked up until QE and that now your gold and VIX models are also beginning to display divergence.

Every cycle analyst I follow is now saying that their cycles have elongated to extreme.So what gives?......have the Fed and Central Banks for the first time in human history been able to thwart nature?